Despite being named one of the worst ports in the world, and shortly after an entire container of ammunition disappeared from secure lockup in Durban harbor during recent riots, Transnet Port Terminals plans to create a “super terminal” in Durban, enabling the port to handle very large vessels, and hopefully improve the efficiency of the port after its dismal rating earlier this year. Seems the ANC wants to put private investors’ money at stake and at risk of plunder, because it is not being privatised.
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ANC Government Begs for Private Investors to Pay for Transnet Extensions at “World’s Worst” Durban Harbor
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Public Protector Mkhwebane does a Hlaudi: ‘Only God can remove me’ – her utterances and general approach have left a bitter taste in the mouths of South Africans
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The Public Protector of South Africa, Busisiwe Mkhwebane, has remained defiant in the face of staunch criticism, claiming that her position of power and influence is sanctioned by God. It’s been an admittedly turbulent year for the Public Protector’s office. Numerous reports and orders of remedial action, concerning highly politicised controversies, have been challenged in..
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Dear Taxpayer, brace yourself for some more SHOCKING news:- Eskom: Yet another taxpayer-funded bailout looms amid court action
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Dig deep, Mzansi. Eskom wants your tax money again. Rumors of a fresh bailout have been sparked after a Treasury official said it’s a case of “when, not if”. Power giants Eskom have suffered a double-blow this weekend after it emerged that they would need bailouts on top of bailouts to really get itself up..
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China is holding the ‘switch’ in it’s hand, doing business with them is dangerous, with another Eskom crisis, China withheld the R7bn loan, they already own one Eskom plant, Load-shedding highly possible
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Well, this doesn’t look too clever. It’s reported that Eskom will be R7bn lighter this month, after its Chinese lenders raised their concerns. South Africa could be set for another round of drama from Eskom, as the ailing power utility has reportedly failed to receive R7 billion in loan payments initially set to come from..
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Do you think that Pravin Gordhan has the Eskom case under control, well think again, report suggests that load shedding is about to get much worse in SA
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As Eskom’s old units go offline and the cost to replace generational capacity soars, the severity of load shedding may well increase over the next decade. If we think we’ve had it bad with load shedding this year, we should brace ourselves for the decade ahead. That’s the message coming from Bloomberg on Monday after..
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Ted Blom vs. Eskom vs. Pravin Gordhan:- Here’s how Eskom plan to get rid of load shedding this winter, or is all of this just a ‘little white lie’
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Is this mission impossible, or can the problems at Eskom be fixed during the winter? Here’s how the power giants plan to banish load shedding for good. Pravin Gordhan has sniffed an opportunity to get Eskom back on the right track. At a media briefing on Wednesday, he cut a different figure from the man..
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To start the new year ESKOM appointed new senior management staff, but is the load-shedding holiday over?
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Eskom intensified its plant maintenance and fast-tracked the recovery of stock levels from December 13 to January 13, when there was a low demand for electricity.
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What is big-mouth Juju’s up to, he has a EFF ‘military wing’ and now the SANDF raises concerns
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The South African National Defence Force is not happy with Malema’s private army. Julius Malema, the Commander in Chief of the EFF, may have gone too far with the party’s infamous “military command structure”.
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Blackmailing ‘rumours’ made by Jonas about Hlongwane and Duduzane
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Duduzane Zuma and Fana Hlongwane have said that their infamous meeting at the Guptas’ Saxonwold compound with former deputy finance minister Mcebisi Jonas was merely to clear up rumours that Hlongwane was blackmailing Jonas.
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How is this even possible:- Eskom posts R2.3bn loss, R19bn in irregular expenditure
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Eskom suffered a net loss of R2.3-billion in 2018, the state-owned power producer revealed at it financial results presentation on Monday.
The power utility said its net cash from operations declined from R45.8-billion to R37.6-billion, as it struggled with leadership and operational challenges.
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Cyril Ramaphosa – Reshuffle: Whose heads will roll?
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President Cyril Ramaphosa is expected to announce a Cabinet reshuffle by next Friday amid growing calls to fire ministers implicated in state capture.
The ministers seen as being compromised or underperforming are Social Development Minister Bathabile Dlamini, Water Affairs Minister Nomvula Mokonyane, Co-operative Governance Minister Des van Rooyen,
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Molefe must pay back pension millions, court orders
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A court ordered Brian Molefe on Thursday to pay back all the pension pay-outs made to him. A full bench of judges found against Molefe and set aside the pension agreement. The former Eskom chief executive was also ordered to pay costs. The ruling comes after trade union Solidarity approached the High Court to declare..
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